560 E Broadway, Muskegon Heights, MI

$2,950,000

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17,981

Square feet

1.55

Acres

About 560 E Broadway

Presenting a rare opportunity to acquire a fully licensed, turnkey commercial cannabis cultivation facility in Muskegon Heights, Michigan. This purpose-built 17,981-square-foot industrial facility sits on 1.55 acres and has been thoughtfully designed to support efficient, large-scale cultivation while meeting all Michigan Cannabis Regulatory Agency (CRA) compliance standards. The property includes one Class C Adult-Use Cultivation License with a 2,000-plant capacity and one Class C Medical Grower License with a 1,500-plant capacity, providing a combined licensed canopy of 3,500 plants. The licenses are transferable through the sale of the operating entity, allowing a buyer to acquire an established cultivation platform without the delays of the licensing process. The facility is fully operational and equipped with 1,200-amp, 480-volt, 3-phase electrical service, ten electrical panels including two new 277V panels, a TrolMaster automation system controlling lighting and CO2, ten 10-ton MRV5 rooftop HVAC units, 18 commercial dehumidifiers, and a comprehensive security system featuring 52 cameras with 30-day video retention, PIN-code access to each grow room, monitored alarms, and full CRA compliance. Metrc track-and-trace history, inspection records, and operational documentation are available to qualified buyers upon execution of a mutually acceptable Letter of Intent. Seller financing is available with $1.5 million down on an interest-only, three-year term at an attractive rate, creating a compelling opportunity for operators and investors seeking immediate production capacity in one of Michigan's most established cannabis markets. Pictures of grow-rooms and security room available upon request.

Features of 560 E Broadway

MLS® # 1947480
Price $2,950,000
Square Footage 17,981
Acres 1.55
Year Built 1978
Type Commercial
Status Active

Community Information

Address 560 E Broadway
Subdivision none
City Muskegon Heights
County Muskegon
Province MI
Postal Code 49444

Amenities

Parking Paved, Parking Lot
Is Waterfront No
Has Pool No

Interior

Appliances Humidifier
Heating Forced Air, Natural Gas
Cooling Central Air
Fireplace No
Has Basement No

Exterior

Lot Description Corner Lot
Roof Composition, Membrane
Construction Block, Steel Siding, ICFs (Insulated Concrete Forms), Aluminum Siding, Steel
Foundation Slab

Additional Information

Days on Market 3
Foreclosure No
Short Sale No
RE / Bank Owned No
HOA Fees Freq. Annually

Listing Details

OfficeBerkshire Hathaway Home Svcs

Listing Map

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